Enterprise Group is a
Ghana
Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to t ...
ian
insurance company
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
. It is now called Enterprise Group Plc and it was incorporated on 24 November 2008. It is the parent company of all it subsidiaries .
They are listed on the
stock index
In finance, a stock index, or stock market index, is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market perform ...
of the
Ghana Stock Exchange
The Ghana Stock Exchange (GSE) is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990. It currently lists 42 stock, equities (from 37 company, companies) and 2 corporate bonds. All typ ...
, the
GSE All-Share Index
The principal stock index of the Ghana Stock Exchange or GSE is the GSE Composite Index. It was introduced in 2011 with a base value of 1000 points. This index is calculated from the values of each of the market's listings.
Market listings
Pr ...
. It has been in operation since 1924, when Ghana was the
British Gold Coast
The Gold Coast was a British Empire, British Crown colony on the Gulf of Guinea in West Africa from 1821 until its independence in 1957 as Ghana. The term Gold Coast is also often used to describe all of the four separate jurisdictions that w ...
, under the name Enterprise Insurance Company.
The group has Friendliness, Professionalism, Trust, Excellence and Reliability as its core value.
History
The company was originally called Enterprise Insurance Company and it was established in 1924. It is the oldest
insurance company
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
in Ghana. It was listed on the
Ghana Stock Exchange
The Ghana Stock Exchange (GSE) is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990. It currently lists 42 stock, equities (from 37 company, companies) and 2 corporate bonds. All typ ...
(GSE) in 1991 and it currently listed as Enterprise Group Plc.
Directors
Keli Gadzekpo is the board chairman of Enterprise Group Plc, Daniel Larbi- Tieku is the group chief executive officer and Michael Tyson is the group chief finance officer. Some of the directors of the group are Trevor Trefgarne, Prof. Angela Ofori-Atta, Martin Esson-Benjamin and Fiifi Kwakye.
Operations
The core business use to be solely insurance but over the years it has expanded into investment financing, management consultancy, real estate, health, pensions and funeral home. It has Life Assurance branches in
Nigeria
Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, ...
and
The Gambia
The Gambia, officially the Republic of The Gambia, is a country in West Africa. Geographically, The Gambia is the List of African countries by area, smallest country in continental Africa; it is surrounded by Senegal on all sides except for ...
.
References
{{Reflist
Insurance companies of Ghana
Companies based in Accra
Financial services companies established in 1924
1924 establishments in Gold Coast (British colony)
Companies listed on the Ghana Stock Exchange